Pending-Home Sales Tumble To A 3-Year Low As Housing ‘Crisis’ Worsens

CNBC – Breaking News!

The numbers: Pending-home sales fell 4.7% to 104.6 in January, the National Association of Realtors said Wednesday. That’s the lowest reading since October 2014, and the biggest monthly decline since 2010, as the recovery was just getting started.

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